According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...
UPDATE: Recardo S. Beale was sentenced by U.S. District Court Judge Myong J. Joun on Oct. 8, 2025 to 90 days in federal prison followed by three years of supervised release. He was also ordered to pay ...
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
WASHINGTON — The Department of Justice (DOJ) has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the ...
Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...
Justice officials allege CarMax violated the Servicemembers Civil Relief Act. (Baona/Getty Images) CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to ...
ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not seen since the Great Recession. WSB consumer expert Clark Howard ...